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Bankwest, Inc.
Pierre, SD · FDIC Certificate #4009 · Chartered 08/3
Total assets
$1.93B
Total deposits
$1.65B
Total equity
$159.87M
Net loans
$1.39B
Branches (offices)
22
Net income (YTD)
$6.59M
Rank: #619 of 4,213 U.S. banks by assets · #13 of 56 in South Dakota. Assets changed 5.5% and deposits 10.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.69% |
| Return on equity | 8.39% |
| Net interest margin (YTD) | 4.01% |
| Equity to assets | 8.26% |
| Tier 1 leverage ratio | 9.21% |
| Uninsured deposits (share of deposits) | 31.7% |
| Noncurrent loans (share of loans) | 2.76% |
| Net charge-offs (share of loans) | -0.03% |
| Loans to deposits | 84.7% |
| Real estate loans (share of loans) | 61.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $857.52M | 61.6% | |
| Commercial & industrial | $97.38M | 7.0% | |
| Consumer / individual | $126.33M | 9.1% | |
| Construction & development | $148.70M | 10.7% | |
| Agricultural | $304.34M | 21.8% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.52B | $1.40B | $4.35M | $107.38M |
| Jun 2023 | $1.65B | $1.38B | $3.00M | $116.33M |
| Jun 2024 | $1.76B | $1.39B | $6.06M | $135.85M |
| Jun 2025 | $1.83B | $1.49B | $3.83M | $142.97M |
| Jun 2026 | $1.93B | $1.65B | $6.59M | $159.87M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| South Dakota | $1.65B | 22 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.65B.
Similar-sized banks
Thomaston Savings Bank ($1.93B) · Great Plains National Bank ($1.93B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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